Financial Affairs

Deployment of the HASCAP reduced rate loan in progress

Financial institutions have started rolling out low-interest loans promised to commercial operators facing financial strains from the pandemic. As announced in the federal government economic declaration Last fall, loans of $ 25,000 to $ 1 million will be available under the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed …

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Canada Silver closes flow-through private placement

COQUITLAM, BC, April 7, 2021 / CNW / – Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the “Company” or “Canada Silver Cobalt”) announces that the Company has closed a non-middleman private placement by issuing 2,021,276 flow-through units (“FT units”) at a price of $ 0.47 per …

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Practical advice to support distressed loan portfolios

The chaotic economic environment brought about by the coronavirus pandemic has led to an increase in struggling businesses. Lenders and creditors face an unprecedented challenge of managing a high volume of distressed loans. Legal teams that support lenders should quickly assess best practices for dealing with these distressed loans,while navigating …

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